Form 4: Veeva Director Reports Stock Transactions
Insider Transaction Report
Veeva Systems Director Paul J. Sekhri reported the acquisition of 254 Class A Common Stock shares from RSU vesting and a subsequent charitable gift of 2,491 shares.
Summary
- Paul J. Sekhri, a Director of Veeva Systems Inc. (VEEV), reported changes in his beneficial ownership of Class A Common Stock.
- On December 1, 2025, Sekhri acquired 254 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs) at a price of $0.
- Following this acquisition, his direct beneficial ownership of Class A Common Stock was 17,176 shares.
- On December 2, 2025, Sekhri disposed of 2,491 shares of Class A Common Stock as a bona fide charitable gift, with no payment in consideration.
- After the charitable gift, his direct beneficial ownership of Class A Common Stock decreased to 14,685 shares.
- Sekhri also holds 506 Restricted Stock Units (RSUs) which represent a contingent right to receive one share of Class A Common Stock each.
- The RSUs were granted on June 18, 2025, for 1,013 units, with 1/4 vesting on September 1, 2025, and the remainder vesting equally quarterly, subject to continued board service.
Sentiment
Score: 5
Explanation: This is a routine insider transaction report (Form 4) detailing stock acquisitions from RSU vesting and a charitable gift. It does not inherently convey positive or negative sentiment regarding the company's operational or financial performance.
Positives
- The acquisition of 254 shares resulted from the vesting of Restricted Stock Units, indicating continued service on the board of directors.
Negatives
- A disposition of 2,491 shares occurred through a charitable gift, reducing the director's direct beneficial ownership.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- The reported transactions are routine insider dealings and are unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 06/18/2025 | Reporting Person was granted 1,013 Restricted Stock Units (RSUs) under the Issuer's Amended & Restated 2013 Equity Incentive Plan. |
| 09/01/2025 | 1/4 of the granted RSUs vested. |
| 12/01/2025 | Acquisition of 254 Class A Common Stock shares upon vesting of Restricted Stock Units. |
| 12/02/2025 | Disposition of 2,491 Class A Common Stock shares as a bona fide charitable gift. |
| 12/03/2025 | Date of filing signature. |
Keywords
Veeva Systems, VEEV, SEC Form 4, Insider Trading, Stock Transactions, Restricted Stock Units, RSU, Director, Beneficial Ownership, Charitable Gift
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